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MCD

McDonald's

$114.59

-0.77 (-0.67%)

14:43
10/03/16
10/03
14:43
10/03/16
14:43

McDonald's China franchise deal may bring as much as $2B up front, WSJ says

McDonald's is looking to turn its 2,200 store presence in China into "a cash machine" through all-out franchising, says the Wall Street Journal. McDonald's, which owns and operates 65% of its stores in China, may find a partner by the end of the year and is expected to get between $1.5B and $2B "up front" from investors, says the Wall Street Journal, citing people familiar with the matter. Reference Link

  • 21

    Oct

MCD McDonald's
$114.59

-0.77 (-0.67%)

08/30/16
08/30/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. McDonald's (MCD) upgraded to Outperform from Neutral at Baird by analyst David Tarantino, who believes the stock's risk/reward has become more favorable following the year-to-date underperformance. The analyst admits that slower U.S. industry demand trends and challenging upcoming comparisons pose a "short-term headwind," but thinks the company's "attractive" dividend yield can help to limit further downside risk in the shares. 2. United Continental (UAL) upgraded to Outperform from Market Perform at Raymond James, with analyst Savanthi Syth applauding the selection of Scott Kirby as President and Andrew Levy as CFO. Syth said both have strong industry experience and has increased conviction United will reduce its margin gap relative to its peers over the next 12-18 months. 3. VMware (VMW) upgraded to Buy from Neutral by SunTrust analyst John Rizzuto, who says that the company has effectively diversified beyond its server virtualization roots. The analyst, who expects the company's revenue to bottom this year and accelerate through the end of the decade, raised his price target on the stock to $92 from $64. 4. Barracuda (CUDA) upgraded to Overweight from Sector Weight at Pacific Crest, as analyst Rob Owens said he's seeing improved trends due to the company's renewed product alignment and cloud-centric channel marketing campaign. 5. Fortinet (FTNT) upgraded to Overweight from Sector Weight at Pacific Crest by Rob Owens, who believes management's focus on enhanced profitability should drive share outperformance. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/07/16
BUCK
09/07/16
NO CHANGE
BUCK
Chipotle probably won't be bought by McDonald's, says Buckingham
Buckingham analyst John Zolidis says he's been asked "more than once" if Chipotle could be acquired by McDonald's. The analyst says that Chipotle would provide McDonald's with "a growth vehicle," as McDonald's could accelerate Chipotle's international expansion and use its expertise to convert the burrito chain to a franchised model. However, the analyst says there is little chance of such a deal occurring. Additionally, after an investor announced a 10% stake in Chipotle last night, the analyst does not think there's a clear path to unlocking shareholder value in Chipotle. However, he continues to expect Chipotle's sales to rebound to levels that are similar to those it had before its food safety issues. He reiterates a $547 price target and Buy rating.
09/14/16
JPMS
09/14/16
NO CHANGE
JPMS
JPMorgan says buy three restaurant stocks after recent weakness
JPMorgan analyst John Ivankoe recommends using recent volatility to buy McDonald's (MCD), Starbucks (SBUX) and Yum! Brands (YUM), but not Chipotle Mexican Grill (CMG). On Chipotle, the analyst recommends using meaningful price weakness, closer to or below $400, to accumulate the shares.
09/15/16
FBCO
09/15/16
NO CHANGE
Target $132
FBCO
Outperform
McDonald's SSS checks sluggish but stable, says Credit Suisse
Credit Suisse analyst Jason West said US franchise same-store-sales checks remained sluggish in July and August and are likely running in the +1-2% range, inline with investor expectations. West expects same-store-sales to be flat to slightly down in Q4 due to difficult comps but believes investors are already pricing in a weak Q4 for the US business. The analyst continues to view McDonald's defensive characteristics as attractive in the current environment and its discounted valuation relative to peers as unwarranted. West reiterates his Outperform rating and $132 price target on McDonald's shares.

TODAY'S FREE FLY STORIES

P

Pandora

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-0.36 (-2.65%)

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GPC

Genuine Parts

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-2.41 (-2.39%)

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TRVN

Trevena

$7.13

0.1 (1.42%)

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PRGO

Perrigo

$84.36

-0.11 (-0.13%)

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GPC

Genuine Parts

$98.41

-2.26 (-2.25%)

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  • 21

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AMAT

Applied Materials

$35.67

0.49 (1.39%)

11:46
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Applied Materials call volume above normal and directionally bullish »

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DISCA

Discovery

$28.68

0.11 (0.39%)

11:45
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Conference/Events
Discovery management to meet with Jefferies »

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  • 21

    Feb

11:45
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Breaking General news story  »

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EFX

Equifax

$129.38

-0.76 (-0.58%)

11:42
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Equifax to hold a webcast »

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GPC

Genuine Parts

$98.46

-2.2124 (-2.20%)

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  • 21

    Feb

MDLZ

Mondelez

$42.50

-0.7 (-1.62%)

, KHC

Kraft Heinz

$96.65

9.37 (10.74%)

11:38
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Mondelez takeover speculation lifts shares as Kraft walks from Unilever »

Shares of Mondelez (MDLZ)…

MDLZ

Mondelez

$42.50

-0.7 (-1.62%)

KHC

Kraft Heinz

$96.65

9.37 (10.74%)

UL

Unilever; also tag UN

$44.54

-3.99 (-8.22%)

UN

Unilever; also tag UL

$44.77

-4.025 (-8.25%)

BRK.A

Berkshire Hathaway

$254,021.52

1183.52 (0.47%)

BRK.B

Berkshire Hathaway

$169.35

0.78 (0.46%)

GIS

General Mills

$60.68

1.45 (2.45%)

K

Kellogg

$74.17

1.27 (1.74%)

CPB

Campbell Soup

$58.60

0.12 (0.21%)

CL

Colgate-Palmolive

$73.15

1.17 (1.63%)

KMB

Kimberly-Clark

$133.18

1.25 (0.95%)

CLX

Clorox

$134.98

1.27 (0.95%)

HSY

Hershey

$108.33

1.08 (1.01%)

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6-Month Bill Auction Total Amount data reported »

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11:37
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PLKI

Popeyes

$66.12

-0.26 (-0.39%)

, QSR

Restaurant Brands

$57.55

3.65 (6.77%)

11:36
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Downgrade
Popeyes, Restaurant Brands rating change  »

Popeyes downgraded to…

PLKI

Popeyes

$66.12

-0.26 (-0.39%)

QSR

Restaurant Brands

$57.55

3.65 (6.77%)

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HLF

Herbalife

$61.22

-0.01 (-0.02%)

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Options
Herbalife put volume heavy and directionally bearish »

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  • 23

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GPC

Genuine Parts

$99.10

-1.57 (-1.56%)

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General news
The Bund/T-note spread continued to widen to -212 bp »

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FCH

Felcor Lodging

$7.89

0.66 (9.13%)

, AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

11:27
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FCH

Felcor Lodging

$7.89

0.66 (9.13%)

AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

03/08/13
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  • 21

    Feb

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    Feb

FCH

Felcor Lodging

$7.89

0.66 (9.13%)

, AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

11:26
02/21/17
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Hot Stocks
Breaking Hot Stocks news story on Felcor Lodging, Ashford Hospitality »

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FCH

Felcor Lodging

$7.89

0.66 (9.13%)

AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

03/08/13
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  • 21

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    Feb

COP

ConocoPhillips

$48.37

0.86 (1.81%)

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Options
ConocoPhillips call volume above normal and directionally bullish »

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  • 06

    Mar

FCH

Felcor Lodging

$7.87

0.64 (8.85%)

, AHT

Ashford Hospitality

$7.61

-0.04 (-0.52%)

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FCH

Felcor Lodging

$7.87

0.64 (8.85%)

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Ashford Hospitality

$7.61

-0.04 (-0.52%)

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  • 21

    Feb

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Conference/Events
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